PepsiCo Sees Multicultural Shift as Opportunity to Expand -- Market Talk

Dow Jones

Feb 20, 2025

1420 ET - Societies are becoming more multicultural, which PepsiCo sees as an opportunity to increase sales. The snacks and soda maker previously limited certain brands to specific countries and regions in which they were most relevant, but now the company is able to sell most of its brands worldwide, CEO Ramon Laguarta says at the Consumer Analyst Group of New York conference. For example, Kurkure--a brand of spiced, crunchy puffcorn snacks that has been one of PepsiCo's best-selling products in India--is starting to gain traction in the U.S. and Canada, he says. The company is also selling several of its products that were previously exclusive to Mexico in the U.S. now. "At the same time, we're premiumizing the portfolio," Laguarta says. (connor.hart@wsj.com)

(END) Dow Jones Newswires

February 19, 2025 14:20 ET (19:20 GMT)

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The snacks and soda maker previously limited certain brands to specific countries and regions in which they were most relevant, but now the company is able to sell most of its brands worldwide, CEO Ramon Laguarta says at the Consumer Analyst Group of New York conference. For example, Kurkure--a brand of spiced, crunchy puffcorn snacks that has been one of PepsiCo's best-selling products in India--is starting to gain traction in the U.S. and Canada, he says. The company is also selling several of its products that were previously exclusive to Mexico in the U.S. now. \"At the same time, we're premiumizing the portfolio,\" Laguarta says. (connor.hart@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 19, 2025 14:20 ET (19:20 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>PepsiCo Sees Multicultural Shift as Opportunity to Expand -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPepsiCo Sees Multicultural Shift as Opportunity to Expand -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-02-20 03:20</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1420 ET - Societies are becoming more multicultural, which PepsiCo sees as an opportunity to increase sales. The snacks and soda maker previously limited certain brands to specific countries and regions in which they were most relevant, but now the company is able to sell most of its brands worldwide, CEO Ramon Laguarta says at the Consumer Analyst Group of New York conference. For example, Kurkure--a brand of spiced, crunchy puffcorn snacks that has been one of PepsiCo's best-selling products in India--is starting to gain traction in the U.S. and Canada, he says. The company is also selling several of its products that were previously exclusive to Mexico in the U.S. now. \"At the same time, we're premiumizing the portfolio,\" Laguarta says. (connor.hart@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 19, 2025 14:20 ET (19:20 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PEP","symbol_name":"百事可乐","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2512368694","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2512368694","pubTimestamp":1739992800,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1420 ET - Societies are becoming more multicultural, which PepsiCo sees as an opportunity to increase sales. The snacks and soda maker previously limited certain brands to specific countries and regions in which they were most relevant, but now the company is able to sell most of its brands worldwide, CEO Ramon Laguarta says at the Consumer Analyst Group of New York conference. For example, Kurkure--a brand of spiced, crunchy puffcorn snacks that has been one of PepsiCo's best-selling products in India--is starting to gain traction in the U.S. and Canada, he says. The company is also selling several of its products that were previously exclusive to Mexico in the U.S. now. \"At the same time, we're premiumizing the portfolio,\" Laguarta says. ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"PEP":"百事可乐"},"translate_title":"百事公司将多元文化转变视为扩张的机会——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PEP":1},"content_text":"1420 ET - Societies are becoming more multicultural, which PepsiCo sees as an opportunity to increase sales. The snacks and soda maker previously limited certain brands to specific countries and regions in which they were most relevant, but now the company is able to sell most of its brands worldwide, CEO Ramon Laguarta says at the Consumer Analyst Group of New York conference. For example, Kurkure--a brand of spiced, crunchy puffcorn snacks that has been one of PepsiCo's best-selling products in India--is starting to gain traction in the U.S. and Canada, he says. The company is also selling several of its products that were previously exclusive to Mexico in the U.S. now. \"At the same time, we're premiumizing the portfolio,\" Laguarta says. (connor.hart@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 19, 2025 14:20 ET (19:20 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}